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Investment Property Carrum Downs, VIC, 3201

Suburb Snapshot

Carrum Downs is a suburb in the Frankston Region of Victoria. Carrum Downs has a population of 20,708 people and 25.81% of its occupants live in rental accommodation. The median listing price for houses is $675,000 and this has changed 3.84% over the past year and changed 0.74% over 2 years.

The median rent in Carrum Downs for houses is $560 per week and the median rental yield is 4.31%. Stock on the market for houses/townhouses has changed -15.49% compared to last year and the average time to sell a house/townhouse is 36 days.The median listing price for units is $522,500 and this has changed 5.55% over the past year. The average unit takes 67 days to sell and the median rent for a unit in Carrum Downs is $475 per week, producing a rental yield of 4.72%.

Supply & Demand in Carrum Downs, Frankston

0.58%

Current vacancy rate


59

Rental stock available


20,708

Population


25.81%

Rental population


0.78%

Current vacancy rate


492

Rental stock available


134,142

Population


26.09%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Carrum Downs, Frankston

  House Townhouses Units
Median listing price $675,000 $620,000 $522,500
Median price change - last quarter 2.27% 3.33% 4.50%
Median price change - 1 year 3.84% 3.33% 5.55%
Median price change - 2 years 0.74% 5.08% 2.45%
  House Townhouses Units
Median weekly rent $560 $570 $475
Median yield % 4.31% 4.78% 4.72%
Median rent change - 1 year 7.69% 14.00% 5.55%
  House Units
Previous month sales 38 3
Stock on market previous month 60 16
Stock variance vs. last year -15.49% -20.00%
Average days on market 36 67

Carrum Downs investment property listings

Showing 2 of 2 investment properties found in Carrum Downs on realestateinvestar.com.au

28 Cockatoo Dr, CARRUM DOWNS

$780,000

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3

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House

VIC 3201


13/110 Cadles Rd, CARRUM DOWNS

$785,000

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Townhouse

VIC 3201


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